collective bar gaining is different for public workers because their boss is really on their side. lies extensively on the roots of america s economic problems. they don t want to pay the union mihms too much because it comes out of their own pockets at ford, but that is not true of the government. strikes by public employees would be quote the unthinkable and intolerable. but it was within a couple of decades that democratic heirs decided the political upside of public sector unions was worth the risk. the euro caucuse eureka momentd right here in new york city. municipal workers granted the right to bargain collectively. three years later those public
a financial crisis would catapult their man to the white house. but it would also bring those dire warnings about public sector unions from fdr s era. union. yes! back into focus. and one other thing, bret. in 2009, public employee unions absolutelily eclipsed the membership of private sector unions. thanks a lot. we will see you a bit late. up next, i go across the country to one of those uniono towns that just filed for bankruptcy. no problem. you want to save money on rv insurance? no problem. you want to save money on motorcycle insurance? no problem. you want to find a place to park all these things? fuggedaboud it. this is new york. hey little guy, wake up! aw, come off it mate! geico.
welcome back. as you have seen, cities with big dreams and big bills have come here to wall street for the cash to finance them. but even more towns are going broke not by issuing bonds is but by issuing promises to public employee unions. that story has a new york angle, too. fox business network s lou dobbs explains. but it is a good natured sort of labor battle. it was in 1935 that president franklin roosevelt made it easier for workers in the private sector to create unions. when signed the wagner act he see he meanted and deepened political ties between organized labor on the democratic party. it doesn t pool enthusiasm for picketing. even fdr didn t think public sector unions made any sense.
cities going broke. but they seldom agree on how to fix the problem. because i m sure that the president of the united states is not getting his talking points from government union bosses in washington. now, torn between the party most powerful supporters the realities of the city budgets. they are bumping up against liberal interest. not enough money for basic services and roads. that is the case in san jose, california whose democratic mayor are chuck reid took office in 2007. what role did the public sector unions and their contracts really play in your fiscal crisis? most of our costs were driven by increasing salaries and pension benefit and those came out of the 90s in the
and intolerable. but it was within a couple of decades that democratic heirs decided the political upside of public sector unions was worth the risk. the euro caucuse eureka momentd right here in new york city. municipal workers granted the right to bargain collectively. three years later those public unions organize today s reelect him. wagner s unexpectedly strong showing caught the attention of another democrat worried about reelection. president john f. kennedy. he sees how this carried wagner to victory and issues an executive order allowing for the unionization of federal employees. state and local governments picked this up as a cue and you have the rapid growth from there on of public sector unions across the country.